SUSHI - one of the key tokens in the decentralized exchange ecosystem. As I mentioned in the previous idea about CAKE, DEX assets are currently of particular interest.
Current market situation:
In the summer, the price of SUSHI reached its local minimum ($0.5) and has been showing a confident uptrend since autumn.
The asset has already shown a growth of 400%, and on higher timeframes, indicators indicate overbought conditions.
However, the RSI (daily timeframe) is unloading without significant correction, which may indicate the potential for further growth.
Technical analysis:
Moving averages on higher timeframes allow for a correction to the level of $1.0. Let me remind you that the historical maximum (ATH) of SUSHI is 10 times higher than the current price. This fact, along with the current dynamics, allows for the addition of the asset to the portfolio, but in small volume.